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Tag: underwater mortgages

Homes Below the 37th Parallel Most Likely to Have “Underwater” Mortgages | Nielsen Wire

April 19, 2010 ~ CBPS ~ Leave a comment

Generally speaking, the 37th parallel acts as the line of demarcation between the positive equity metros (north) and the negative equity metros (south). This parallel is located at approximately the border of Virginia and North Carolina or Utah and Arizona.

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